Missouri Lottery Generates $25.2 Million in Monthly Profits for Education

Missouri Lottery Generates $25.2 Million in Monthly Profits for Education in August 2019

Jefferson City, MO (STL.News) – Profits from Missouri Lottery ticket sales in August have been sent to the Lottery Proceeds Fund for public education.  The transfer of $25,274,475 brings the total for FY20, which began July 1, to more than $77.1 million.

Prior to each fiscal year, the Lottery averages the most recent five years’ profits for a “benchmark” and increases that amount by 1 percent to arrive at a prudent goal for the next fiscal year.